financed and how student loans work. what doesn t what does he need to know that he doesn t knee? well, for starters, he seems to have become confused by his own propaganda. he s called me a college coed so many times he doesn t know i m a law school student. so this policy is very important for college students, not for graduate students. it s for students who are going into college and getting new loans, not those of us who have them. and it s really important to keep these interest rates low, because if this economy, having an affordable education is so crucial for so many young americans. and if congress doesn t act by this july, it will become more expensive to get a college education. and on july 1st, the rate basically doubles for some people, from 3 point something to 6 point sympathetic. it goes from 3.4 to 6.8%. and this is for students who qualify for subsidized stafford loans through the federal government. so these are students with need-based concerns, who are fro
because if this economy, having an affordable education is so crucial for so many young americans. and if congress doesn t act by this july, it will become more expensive to get a college education. and on july 1st, the rate basically doubles for some people, from 3 point something to 6 point something. it goes from 3.4 to 6.8%. and this is for students who qualify for subsidized stafford loans through the federal government. so these are students with need-based concerns, who are from lower income families and are trying to go to college, yes. and that is right out of financial margin that it can make a difference. when you have thousand-dollar differences in price tags at that economic level, it can be absolutely prohibitive. yes. this policy difference makes about a thousand dollars a year difference to those students and their families, and they found that for the average of the students who qualify for these types of loans, that s about 20%. a lot of them are going to stat